Wingtech Technology, the Chinese owner of Nexperia, has named experienced general counsel Sophie Shen Xinjia, a Columbia Law School graduate, as its president amid a Sino-Dutch dispute over control of the Netherlands-based chipmaker. Shen’s tenure as president would be in line with that of Wingtech’s 12th board, which was formed in January and will expire…
The platform, which commenced operations on Tuesday, was jointly established by two state-owned enterprises (SOEs): China Reform Holdings, an investment vehicle focused on industries related to national security and the economy, and research institute China Automotive Technology and Research Centre. According to the firms’ joint announcement at an industry conference in Shenzhen on the same…
In what can be seen as escalating geo-political war on trade relations, the Dutch government has taken control of Nexperia, a Netherlands-based chipmaker owned by China’s Wingtech Technology. The decision, announced by the Dutch Minister of Economic Affairs, invokes the “Goods Availability Act” to ensure the availability of Nexperia’s chips amid escalating global trade tensions….